New to Austin and BiggerPockets
I am excited to move to Austin and work helping to lend on investment properties. Also Interested in the Airbnb market for investment opportunities.
Quote from @Zachary Ware:
I am excited to move to Austin and work helping to lend on investment properties. Also Interested in the Airbnb market for investment opportunities.
Welcome to Austin! Airbnb rules are strict within the city of Austin. There is also a 11% hotel tax fee imposed upon licensed properties. There are areas of town that you can operate a STR legally without a permit and without paying the city tax. I operate MTR's to avoid these rules and have had great success with them. Many of the suburbs do not have legislation prohibiting or taxing STR's. Round Rock has been a popular investing location for awhile because of the family friendly attractions there like Kalahari. The Austin area is a great place to invest and a great strategy!
- Conner Olsen with The Moorhead Team
- 702-521-0034
- [email protected]
Quote from @Conner Olsen:
Quote from @Zachary Ware:
I am excited to move to Austin and work helping to lend on investment properties. Also Interested in the Airbnb market for investment opportunities.
Welcome to Austin! Airbnb rules are strict within the city of Austin. There is also a 11% hotel tax fee imposed upon licensed properties. There are areas of town that you can operate a STR legally without a permit and without paying the city tax. I operate MTR's to avoid these rules and have had great success with them. Many of the suburbs do not have legislation prohibiting or taxing STR's. Round Rock has been a popular investing location for awhile because of the family friendly attractions there like Kalahari. The Austin area is a great place to invest and a great strategy!
I've been researching what areas of Austin I can operate a STR legally without a permit, but am having difficulty finding the answers. How could I find this info? I know Austin is a great market to invest in so I really want to expand my STR portfolio into this market.
Quote from @Wilson Vanhook:
Quote from @Conner Olsen:
Quote from @Zachary Ware:
I am excited to move to Austin and work helping to lend on investment properties. Also Interested in the Airbnb market for investment opportunities.
Welcome to Austin! Airbnb rules are strict within the city of Austin. There is also a 11% hotel tax fee imposed upon licensed properties. There are areas of town that you can operate a STR legally without a permit and without paying the city tax. I operate MTR's to avoid these rules and have had great success with them. Many of the suburbs do not have legislation prohibiting or taxing STR's. Round Rock has been a popular investing location for awhile because of the family friendly attractions there like Kalahari. The Austin area is a great place to invest and a great strategy!
I've been researching what areas of Austin I can operate a STR legally without a permit, but am having difficulty finding the answers. How could I find this info? I know Austin is a great market to invest in so I really want to expand my STR portfolio into this market.
I can help you with that, I'll send you a DM.
- Conner Olsen with The Moorhead Team
- 702-521-0034
- [email protected]
@Zachary Ware come to our meetup next week too! https://www.biggerpockets.com/...
Unfortunately you have to check city by city to find restrictions. The list below is current but subject to change:
The following cities do not actively prohibit STRs outside of HOA regulations:
Cedar Park, Round Rock, Georgetown, Pflugerville, Hutto, Manor, Taylor, Del Valle, Elgin, Kyle, Buda, Dripping Springs, Driftwood, Lago Vista, Wimberly, San Marcos
The following cities actively limit or have staunch STR restrictions:
Austin (almost impossible unless owner occupying the property)
Lakeway (cap on number of STR permits)
New Braunfels
Welcome to ATX Zachary! Investment opportunities are second to none down here. Feel free to reach out if you have any questions.
#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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- Austin, TX
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#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Investor
- Austin, TX
I invest in Austin and Bell county, happy to connect
Welcome to BP ! Keep going, networking, and have a good time! Austin is a cool place.
@Zachary Ware welcome to ATX! I'd love to connect and happy to discuss local investing options. Also interested to learn about your lending options for clients.
